Debtors’ prisons have a sordid history that was thought to be best left behind in Medieval Europe and in Charles Dickens’ fictionalized accounts of the 19th-century hellholes of Victorian England. America was not to be outdone, debtors’ prisons were widespread in the United States as well, and stories of the conditions in New York’s debtors’ prisons could make one question if repayment of debts was really the purpose; violent criminals were much better clothed and fed. In fact, history shows that terror and slavery have always had a close relationship with debt, and it follows a path from the Romans right through to 17th century England, and into America from English common law. However, America chose to abolish her debtors’ prisons a full 36 years before England; first in New York in 1831, and by 1833 the rest of the America had followed.(1)

Now, debtors’ prisons seem to be making a comeback in America. A recent article in the Star Tribune in Minnesota titled, “In jail for being in debt,” exposes the growing number of citizens going to jail at the behest of banks and a welcoming judicial system. They write:

“It’s not a crime to owe money, and debtors’ prisons were abolished in the United States in the 19th century. But people are routinely being thrown in jail for failing to pay debts. In Minnesota, which has some of the most creditor-friendly laws in the country, the use of arrest warrants against debtors has jumped 60 percent over the past four years, with 845 cases in 2009, a Star Tribune analysis of state court data has found.”

In our modern era of debt servitude, a PR Push has been designed to reintroduce a serious discussion of debtors’ prisons as a sound solution. What goes beyond alarming is that the full-fledged return of debtors’ prisons might be seen as both appropriately terrifying, as well as a profitable investment opportunity and politically sound decision to be made by state governments strugglingwith their own looming bankruptcies, and a Federal government struggling politically with the concept of a jobless recovery that is not materializing.

A top investment banker has warned that the economic fallout of the sovereign debt crisis could get so nasty over the next five years that people would be wise to abandon the markets and instead buy land, barbed wire and guns.

With gold smashing through its all time record high this morning on the back of fears over a double dip recession, analysts are turning increasingly bearish on the markets. Anthony Fry, senior managing director at Evercore Partners, told CNBC that the bond markets could turn nasty over the next few months and said that the current problems created by the European debt crisis could be with us for at least five years.

“Look at the current situation. You have Greece, now you have Hungary and huge issues surrounding Spain and Portugal,” he said, warning of a “nightmare scenario” of hyper-stagflation, where inflation rises dramatically but asset prices deflate.

“I don’t want to scare anyone but I am considering investing in barbed wire and guns, things are not looking good and rates are heading higher,” said Fry.

“Over the next 6 months we will see private sector deflation pushing 10-year yields down to 2 percent,” he said. “This will see the policymakers mistakenly attempt to kick-start the economy and market with a global quantitative easing program worth between $10 and $15 trillion dollars.”

Janjuah pointed out that, while gold has dramatically risen in value over the last ten years, the S&P 500 and the Dow Jones have both remained flat over the course of a decade.

“Far be it for me to make a dicey situation dicier but you can’t smell the sulphur in the air right now and not think we might be on the threshold of an age of rage,” wrote historian Simon Schama in his recent Financial Times column.

America is finished. Everything she represented like democracy, personal liberties, economic mobility, human rights, and social justice has been dismantled by a WTC building 7-style controlled demolition. As with all natural disasters, blatant looting is occurring while the masses are distracted by their desperation and fear. Unfortunately this is just the beginning of the pain and when America’s destruction is finally complete, the power vacuum will no doubt be filled by centralized global governance run by the international Banksters.

As bleak as the situation appears to be there is hope for a better future to be built from the ashes. But let’s be clear, the fire has been started, the elite add fuel daily, and Rome is burning. Trying to put out the fire at this point is a waste of our precious energy because the system is run by the arsonists themselves who also control the firefighters. Our first order of business must be to survive the fire. Some may argue that we must first focus on sounding the alarm to awaken the masses which many are doing quite successfully.

However, I’m reminded of the scene in The Day After Tomorrow when the killer storm is bearing down on America and Quaid’s character draws a line on the map of the U.S. and tells them to evacuate everyone below that line because it is too late for the rest of them. As Paul Craig Roberts stated in his “retirement” remarks, that line is 9-11 truth. If you can’t see or are completely unwilling to question the truth about 911, then it is too late for you. The storm is moving too fast and is too powerful to save you.

Indeed, many will perish in the firestorm from joblessness, untreated illnesses, starvation, and battle wounds. Perhaps we need the suffering to get the population to fully awaken from their dream-state prisons. And when the smoke clears, the elite’s plan for centralized control over all the human population will be nearly complete. Their plan must be stopped or we will all be debt slaves confined to our Orwellian cubicles equipped with telescreens that transmit our every action. But it won’t be stopped by a few citizens clutching hunting rifles. It won’t be stopped by peaceful marches about taxes. And it won’t be stopped by electing a few Libertarian politicians. The firestorm is too great. Those actions are helpful, but it will only be stopped with better system built on better ideas.

Albert Einstein was right when he said, “No problem can be solved with the same level of consciousness that created it.” Therefore, trying to affect change in the current system through protesting, picketing, or politicking is all for naught – especially when the noose of the elite’s global control grid is ever tightening.

Of course recognizing the problem and educating as many willing citizens as possible is of crucial importance. The “problem” is that central bankers have enslaved the world through their creation of monopoly money; money that came from nothing, means nothing, and perpetuates an illusory system of greed and hierarchy to serve them. The banksters and their cartel partners of industry own every government and their war machines, all the land, all the natural resources, and all the people. Until we recognize that collectively and topple it, we are doomed.

This system started when the first hunter and gatherer decided to lock up his toils and charge a price of admission for basic human sustenance. Now, humanity is at the mercy of the greedy global food monopolies, energy monopolies, medical monopolies, and thought monopolies working in tandem with the money masters for complete control of our society and our species.

We will remain slaves until, we as individuals and communities, cease to rely on these cartels for our basic human needs by creating self-sufficient systems. New systems for money and trade must be implemented if we expect to enjoy true freedom and fairness. It seems to me that the most pragmatic way to accomplish this new society in the U.S. is one state (or a group of states) at a time seceding to create a new great society.

As the fire of federal criminality burns, the talk of secession is no longer considered whacky but almost acceptable water-cooler conversation. States would clearly have to take steps to be more self-reliant to dull the pain of their new birth. The first order of business must be to forgive all private and public debts owed to criminal bankers for their illusory currency and immoral practices. Any objection by the bankers will result in their criminal prosecution for theft, corruption, and counterfeiting. Their immunity will be their only concessionary payment for all debts. The next step would be to issue a new currency based on sound principles either backed by gold or some other local resource, or to follow the principles of Lincoln’s Greenback issued directly by the government treasury at a fixed low interest rate and with supply caps based on economic output.

Obviously, there will be many fierce opponents to a plan like this especially from those with the most to lose like the banks, the federal government, and dollar-based foreign companies (energy companies etc.). Again, offering immunity from crimes against humanity will protect the new state from their onslaught. Skeptics will also be abundant, yet if the new “territory” restores the personal freedoms under the Constitution, develops a high level of self-sufficiency, brings home their National Guard to protect their borders, establishes a sound currency and economic freedom, and displays strong social structures that puts its people before profit, then I (maybe naively) imagine local cooperation and investment will surely follow.

Martin Luther King Jr. said, “I am convinced that if we are to get on the right side of the world revolution, we as a nation must undergo a radical revolution of values. We must rapidly begin the shift from a ‘thing-oriented’ society to a ‘person-oriented’ society.” To build a sustainable and just societal model we must switch our perception from the illusion of material things to the love of our fellow man. Each aspect of how we function in society must adhere to putting the rights of individuals first, the wellbeing of the community second, and incentive-based economics last. This will not happen overnight, but with one person, one community, one state, and one nation at a time. Of course there are countless logistics to be determined, but where there is love there is hope, and I remain hopeful.

This is a crisis of solvency, not just liquidity, but true deleveraging has not begun yet because the losses of financial institutions have been socialised and put on government balance sheets. This limits the ability of banks to lend, households to spend and companies to invest…

The releveraging of the public sector through its build-up of large fiscal deficits risks crowding out a recovery in private sector spending.

After finishing The Black Swan, I realized there was a cancer. The cancer was a huge buildup of risk-taking based on the lack of understanding of reality. The second problem is the hidden risk with new financial products. And the third is the interdependence among financial institutions.

[Interviewer]: But aren’t those the very problems we’re supposed to be fixing?

NT: They’re all still here. Today we still have the same amount of debt, but it belongs to governments. Normally debt would get destroyed and turn to air. Debt is a mistake between lender and borrower, and both should suffer. But the government is socializing all these losses by transforming them into liabilities for your children and grandchildren and great-grandchildren. What is the effect? The doctor has shown up and relieved the patient’s symptoms – and transformed the tumour into a metastatic tumour. We still have the same disease. We still have too much debt, too many big banks, too much state sponsorship of risk-taking. And now we have six million more Americans who are unemployed – a lot more than that if you count hidden unemployment.

[Interviewer]: Are you saying the U.S. shouldn’t have done all those bailouts? What was the alternative?

NT: Blood, sweat and tears. A lot of the growth of the past few years was fake growth from debt. So swallow the losses, be dignified and move on. Suck it up. I gather you’re not too impressed with the folks in Washington who are handling this crisis.

Ben Bernanke saved nothing! He shouldn’t be allowed in Washington. He’s like a doctor who misses the metastatic tumour and says the patient is doing very well.

Nobel prize winning economist Joseph Stiglitz calls it “socialism for the rich”. So do many others.

Devalued Paper Currency

The second characteristic of a banana republic is “Devalued paper currency in the international community.”

✓ Check. Here’s a chart of the trade weighted US Dollar from 1973-2009.

And here’s a bonus chart showing the decline in the dollar’s purchasing power from 1913 to 2005:

Politicians Use Time in Office to Maximize Their Own Gains

The third characteristic of a banana republic is:

Kleptocracy — those in positions of influence use their time in office to maximize their own gains, always ensuring that any shortfall is made up by those unfortunates whose daily life involves earning money rather than making it.

Summers, Geithner, Bernanke and Congress like things just the way they are.

Of course they do … they’re bought and paid for:

Lobbyists from the financial industry have paid hundreds of millions to Congress and the Obama administration. They have bought virtually all of the key congress members and senators on committees overseeing finances and banking. The Congress people who receive the most money from lobbyists are the most opposed to regulation. See this, this, this, this, this, this, and this.

Obama received more donations from Goldman Sachs and the rest of the financial industry than almost anyone else

Summers and the rest of Obama’s economic team have made many millions – even in the first few months of being appointed, or right beforehand – from the financial industry

There must be no principle of accountability within the government so that the political corruption by which the banana republic operates is left unchecked. The members of the national legislature will be (a) largely for sale and (b) consulted only for ceremonial and rubber-stamp purposes some time after all the truly important decisions have already been made elsewhere.

✓ Check. There’s no accountability.

For example, former Vice President of Dallas Federal Reserve, who said that the failure of the government to provide more information about the bailout signals corruption. As ABC writes:

Gerald O’Driscoll, a former vice president at the Federal Reserve Bank of Dallas and a senior fellow at the Cato Institute, a libertarian think tank, said he worried that the failure of the government to provide more information about its rescue spending could signal corruption.

“Nontransparency in government programs is always associated with corruption in other countries, so I don’t see why it wouldn’t be here,” he said.

William K. Black – professor of economics and law, and the senior regulator during the S & L crisis – says that that the government’s entire strategy now – as during the S&L crisis – is to cover up how bad things are (“the entire strategy is to keep people from getting the facts”).

Indeed, as I have previously documented, 7 out of the 8 giant, money center banks went bankrupt in the 1980’s during the “Latin American Crisis”, and the government’s response was to cover up their insolvency.

There has been no honest examination of the crisis because it would embarrass C.E.O.s and politicians . . .

Instead, the Treasury and the Fed are urging us not to examine the crisis and to believe that all will soon be well.

PhD economist Dean Baker made a similar point, lambasting the Federal Reserve for blowing the bubble, and pointing out that those who caused the disaster are trying to shift the focus as fast as they can:

The current craze in DC policy circles is to create a “systematic risk regulator” to make sure that the country never experiences another economic crisis like the current one. This push is part of a cover-up of what really went wrong and does absolutely nothing to address the underlying problem that led to this financial and economic collapse.

The same is true with every other piece of financial “reform” legislation which has been passed. See this and this.

It’s all for show, folks. Dodd, Frank, Obama and all the other politicians of both parties (with the exception of a handful trying to do the right thing) are “consulted only for ceremonial and rubber-stamp purposes some time after all the truly important decisions [about economic legislation] have already been made elsewhere”

Without the Bananas

Wikipedia gives some additional background on the term “banana republic”:

Banana republic is a pejorative term originally used to refer to a country that is politically unstable, dependent on limited agriculture (e.g. bananas), and ruled by a small, self-elected, wealthy, and corrupt clique.

Well, America isn’t dependent on limited agriculture like bananas. But just about the only areas of growth are in the military and in giant companies lavished with buckets of cash and special “favors” by Uncle Sugar.

This article is so good that I wanted to reproduce it here in its entirety. We are rapidly heading toward global governance, and this article is a wonderful breakdown of all angles as they converge.

By Giordano Bruno

Neithercorp Press – 03/10/2010

Herbert West: Re-Animator

Winter is slowly melting away here in the U.S., and Spring will soon be upon us. Wall Street is currently flush with delight at the year long run of the stock market (driven by fiat bailouts), which at first glance appears to be doing quite well, though international incidences such as those in Dubai and Greece have revealed how shaky the market actually is in the face of any unhealthy news. In the meantime, the dollar, recently on the edge of detrimental value loss, has made a semi-miraculous recovery in the span of a few months, especially as the Euro suffers. Official employment numbers, despite the continuous loss of jobs monthly, have somehow fallen and are for the moment stabilized. Is it time for America to dust off the old credit cards and return to the wild and rollicking carefree spending days of pre-2007? Perhaps not…

While the mainstream media puts on the recovery song and dance, the fundamental problems of the collapse remain the same, and in some cases are growing ever more precarious. Subsections of the public, unaware of the real issues at hand, are holding a misguided jubilee in the tranquil eye of a hurricane, wrongly assuming that the storm has passed.

The world is breathing a hasty sigh of relief at the beginning of 2010, but what are the facts behind the current “peaceful” economic moment? In this article, we will examine whether or not the good news is legitimate, or, if are we being lulled into a false sense of security…

Job Market Statistics Manipulated

At the beginning of the year, official unemployment stood at around 10%. This number of course does not include those people who are off unemployment benefits and still have not found jobs, or those people who are underemployed. The Labor Department then announced their intention to revise their “birth/death ratio” method of calculating job loss, which would supposedly add a whopping 800,000 lost jobs to their books that were hidden before:

How is this possible? Well, those of us who were hoping for greater Labor Department transparency (including myself) should have known better. With the Labor Department, two-plus-two NEVER equals four…

As the EPI article above indicates, while the government has reportedly changed their dubious “birth/death ratio” method, they also at the same time changed their “home survey” method. This survey is meant to give the Labor Department an overall view of unemployment percentages, but now the government has sharply reduced the number of households they actually survey, making the results more volatile and easier to manipulate. This why even though nearly a million jobless people were added to the unemployment rolls, the government was still able to report a drop in unemployment percentages. Sound like a dirty trick? Yes, it is…

According to the EPI’s estimates, which are probably still conservative, over 11 million jobs would need to be created in order to bring employment rates to pre-2007 levels. This is called the “jobs gap.” To fill the jobs gap by 2013 (which is about the time frame that the government has suggested it would take for a full recovery) the U.S. would need to generate over 400,000 jobs a month for the next three years! As I think most of you can see, this is not going to happen. Last month according to official numbers the U.S. lost another 36,000 jobs. Jobs are not being created, and will not be created anywhere near the 400,000 a month mark required for a three year recovery.

Also not often reported is the span of weeks at which those who are unemployed have to wait until they find another job. This “lag time” in-between jobs has grown markedly higher in recent months as the chart below shows:

In January of this year alone, 6.3 million people (over half of those unemployed) had been without a job for more than 6 months. This is an astonishing number, and it shows just how out of touch MSM reports of recovery are. Anyone who has been unemployed for more than just one month knows how tense and uncertain such a situation makes life. Imagine the misery of a 6 month hiatus from steady work, not able to fully support ones self and not knowing when you’ll be able to again. The Labor Department, nor the media, seems to take the factor of ‘duration’ into account when considering whether employment is actually in recovery. Nor do they take into account the fact that most of the jobs lost over the past two years were high paying and specialized, while most of the scant few jobs created have been low paying service sector positions.

What is most frightening about this information is that it reveals deliberate mishandling of statistics. Instead of being more open about unemployment numbers, the government is moving to hide them further. But why would they escalate secrecy on the economy?

The Day The Dollar Died

Last week, Li Ruogu, chairman of Export-Import Bank of China, a lender tasked with supporting the country’s foreign investments, stated that China would continue to support the dollar and that reports of a break from U.S. treasuries were “absolute nonsense.” Investors in treasuries this week seemed to take the comment as a good sign that the dollar’s place as world reserve currency is assured. However, one might ask why it was suddenly so important for China to comfort treasury markets?

Interestingly, statements of China’s “affection” for the dollar have come right after their central bank decided to dump $34 billion in U.S. treasuries. Along with other nations, the U.S. suffered the worst one month treasury dump on record so far at $53 billion:

Initially, it was reported after their latest dumping of U.S. bonds that China had lost its position as the number one investor in U.S. debt, placing Japan in the top spot. Strangely, only days later this report was rescinded after the Treasury released a statement claiming that China did indeed dump $34 billion in bonds, but, they were still the number one investor in T-bills:

How is this possible? According to the Treasury, they “forgot” to include Chinese treasury holdings in third markets such as Hong Kong and Britain. This is very strange. Who holds these extra bonds and what are they doing sitting in foreign venues? Is it not convenient that these bonds appeared from thin air just as news of China’s treasury dump was hitting the bond market? And now we suddenly have a Chinese finance official attempting to reassure the world that China still wants T-bonds while at the same time they are trying to get rid of them? If this behavior seems confusing it is because this is what occurs when governments lie big; no matter how good they are at it, they can’t make the facts add up.

If one examines Treasury Auctions month-to-month, they would find that “Primary Buyers” of treasuries (who have to buy treasuries when no one else is buying) now dominate auction sales. Indirect buyers, who cannot be tracked, also make up a large portion of competitive bids on treasury bonds. It is suspected that most of these indirect buys are made by the Federal Reserve itself in order to prop up the dollar. The article below explains the process succinctly:

The bottom line is that foreign governments are NOT buying treasuries at volumes necessary to keep the U.S. afloat amidst its ever climbing national debt, and in some cases, they are now trying to quietly and gradually dump what they have so as to not arouse immediate suspicion from the markets. In fact, the Treasury and the Federal Reserve seem to be helping them do this!

The dollar is, in effect, dead, but disinformation and market manipulation, mainly by the private Federal Reserve, is being used to reanimate it for appearances. The result is the conjuring of a kind of “zombie currency,” a Weekend at Bernie’s currency that the Fed props up with strings and pulleys to fool everyone at the party.

The most obvious question here is, why go through so much trouble to keep the dollar around at all?

World Government And The SDR

Since the “Great Recession” began, economic forums and conferences such as the G20, and the annual World Economic Forum (WEF) in Davos, Switzerland have spoken of little else except the formation of a centralized world economy and the establishment of a legal body that has the power to run it. At the Davos “workshops,” economists and others present ideas for world governance as if they were the originators of the concept. It may not be surprising to most of us that there is rarely if ever anyone who participates in the WEF meetings that supports the restoration of national sovereignty. In fact, nearly all the participants seem to assume that a world government is the solution to all our ills. It is also important that like the G20, government officials from all over the world attend, including those from the U.S., and that very often the policies developed at these forums end up in legislation and mass media here at home. Meaning, the laws and propaganda supporting forced globalization and world government are fine tuned at the meetings and then brought to America for mass consumption. Below are a couple video examples of Davos workshops:

It is important to recognize what exactly is being presented in these two videos because they reveal much about our current economic circumstances. The goal of the G20 and the WEF, as they have stated on numerous occasions, is to dissolve national sovereignty. If they had their way, America as we know it would not exist, along with the Constitutional framework that is meant to protect our liberties. To achieve this end, a carefully engineered breakdown of the U.S. dollar is being enacted.

As we have shown, U.S. treasuries auctions have tanked and those long term treasuries already held by foreign nations are being slowly cast off. So far, the Federal Reserve has propped up the dollar by purchasing T-bonds in the place of foreign banks who no longer want them. By continually monetizing this debt, the Fed will inflate an incredible bubble in the treasury market. When will this bubble burst? The key lay in the rules governing Special Drawing Rights.

Special Drawing Rights (SDRs) are securities much like treasury bonds. Their value is determined by a basket of international currencies including the Dollar, the Euro, the Yen, and the Pound Sterling. The IMF claims that SDRs are not technically considered currency, but SDRs serve nearly all the functions of a currency except that they are not available to the general public (yet). It walks like a duck, and quacks like a duck, but the IMF would rather not call it a duck. In the end, the SDR is a world reserve currency, and its purpose is to topple the dollar.

Not long after the economic meltdown began, the IMF announced that they would begin the unlimited printing of SDRs. In 2009, within the span of a few months, SDR circulation went from $21 billion, to nearly $204 billion, and this is only the amount they have admitted to:

It may be prudent to mention that China’s heightened dumping of U.S. treasuries began right around the time that the IMF began mass printing SDRs. And, even more disconcerting, the U.S. Treasury also quintupled its supply of SDRs in August of 2009:

Being that the U.S. dollar is supposedly the undisputed world reserve currency, why would the U.S. Treasury have any need to buy SDRs at all? Would this not be redundant? Unless, the Treasury knows that the dollar will not remain the world reserve currency for much longer….

Now we get to the tricky part…

The IMF has instituted new rules governing the SDR and those countries who trade it (called “member countries”). Drafting the “Fourth Amendment” governing SDR allocation, the IMF now requires member nations to retain a “special allocation” of the currency much higher than previous allocations. Countries who keep their SDR supply above the required level receive interest payment on their excess. Countries that fall below the required level have to PAY interest on the shortfall. That is to say, if the U.S. were to allow its SDR reserves to fall below the level demanded by the IMF, we would be punished monetarily. Also, under current rules, the interest rates of the currencies that make up the SDR help to determine the interest rates of the SDR.

The IMF claims it only acts as an “intermediary” between countries wishing to trade in SDRs, but since the IMF is the creator and printer of SDR’s, this would ultimately make them the controller of the SDR market, not some outside intermediary.

Participation in the SDR market for now is voluntary. However, what we are witnessing here is the subtle positioning of the SDR as the only alternative in the event that the U.S. dollar fails, and once again, China is the key.

China’s Slow Dollar Dive

The argument is constantly made by mainstream economists that China could never drop its large supply of U.S. T-bills because if they tried, the dollar would collapse, virtually erasing the value of their dollar holdings. The suggestion that “they are as dependent on us as we are on them” is rampant in the MSM, but, if we throw in the wild card factor of the SDR, this all changes.

If the Chinese central bank along with certain others amass enough SDRs over an extended period of time while gradually selling off their T-bonds, the SDR’s could act as a cushion to prevent foreign central banks from losing a large portion of their wealth while the dollar sinks. In fact, in the event that the Federal Reserve raises interest rates on the dollar (perhaps in response to the heightened risk of a mass treasury dump) those holding SDR’s actually benefit, because the interest they receive on their SDR reserves will also go up:

This would not absorb all of China’s losses in the event of a dollar collapse, but it would be a very effective stop gap, and ample incentive for them to continue dumping treasuries. I believe that this is the exact reason why the dollar and the Dow have been held up by the Federal Reserve for so long. They cannot allow a major dollar depreciation until the SDR is established on the world market as a ready substitute.

A good sign that this process might accelerate would be in the event that China de-pegs the Yuan from the Dollar and allows it to appreciate in value. This would signal that China is moving away from the traditional export arrangement with the U.S. Talks of a Yuan appreciation are already hitting the MSM:

Investors in the U.S. will foolishly cheer a rise in the value of the Yuan, thinking that this will increase American exports to China. In reality, China will be preparing to dump the last of its U.S. bonds, and begin exports and imports with the new ASEAN trading bloc:

This new bloc has the potential to surpass profit margins in U.S. markets, especially in the face of extremely weak consumer activity in America. As the U.S. falters under sovereign debt pressure, China will be in prime standing with a ready supply of SDRs and an organized trading bloc to take up the slack of falling exports to the West.

Shock And Awe

The illusion of U.S. recovery seems to be paramount in the plan for Globalist centralization. Every scam imaginable has been fashioned to lure the public into a sense of false comfort. In my original observations on the economic collapse, I believed that we would likely see a “trigger” event in 2010, which would set off a “rolling breakdown” that would not fully climax for a few years. Now, I am not so sure. After examining the facts behind the implementation of SDRs as well as the potentially explosive situation in the treasury market, I believe that a “shock and awe” scenario is becoming more probable. The behavior of the Fed, along with that of the IMF seems to suggest that they are preparing for a focused collapse, peaking within weeks or months instead of years, and the most certain fall of the dollar.

As I think of it now, the advantages of a sudden financial flash flood are numerous. In a drawn out collapse, the Liberty Movement is given a tremendous time advantage, allowing us to double and redouble our membership while the public opinion of the Federal Reserve and the government in general would deteriorate. In a sudden breakdown, our time will be cut short, and the public will be distracted and fearful, desperate for an organized authority to offer any semblance of “order.” A slow collapse allows for the Liberty Movement to work peacefully within the system to build a third party capable of dethroning the current two party farce. A sudden collapse erases all political activity and opens the door to martial law and illegitimate government. And finally, a fast moving meltdown leaves a much stronger psychological impression; a catastrophic waking nightmare, instead of a slow grinding depression. A world government could never be brought about due to the “monotony” of a long slow economic burnout. Too many factors could present themselves in such an extended period that might interfere with the desired end result. Too many variables to calculate. In an abrupt collapse, the Globalists would need only to gage and influence the amount of fear in the populace to a sufficient boiling point then leap in with their intended solution to the problem; centralized global governance.

I feel that in either method, the Central Bankers will fail to reach their ultimate goal, but the prospect of a direct monetary break with limited warning does make the atmosphere much heavier. One can only prepare as much as possible mentally and emotionally, and keep his eyes wide open…

Keep in mind, that Geithner ran Lehman through 3 “stress tests” prior to bankruptcy; all of which Lehman failed, and yet, nothing was done. Anton R. Valukas–the examiner who wrote the 2,200 page investigative-report which was released on Thursday– has provided plenty of information detailing Lehman’s “materially misleading” accounting and “actionable balance sheet manipulation.”

In other words, they cooked the books.

Eves Smith at Naked Capitalism sums up what was going on like this:

“Quite a few observers… have been stunned and frustrated at the refusal to investigate what was almost certain accounting fraud at Lehman. ….The unraveling isn’t merely implicating Fuld (Lehman CEO) and his recent succession of CFOs, or its accounting firm, Ernst & Young, as might be expected. It also emerges that the NY Fed, and thus Timothy Geithner, were at a minimum massively derelict in the performance of their duties, and may well be culpable in aiding and abetting Lehman in accounting fraud and Sarbox violations….

We need to demand an immediate release of the e-mails, phone records, and meeting notes from the NY Fed and key Lehman principals regarding the NY Fed’s review of Lehman’s solvency. If, as things appear now, Lehman was allowed by the Fed’s inaction to remain in business, when the Fed should have insisted on a wind-down ….. at a minimum, the NY Fed helped perpetuate a fraud on investors and counterparties.

This pattern further suggests the Fed, which by its charter is tasked to promote the safety and soundness of the banking system, instead, via its collusion with Lehman management, operated to protect particular actors to the detriment of the public at large.

And most important, it says that the NY Fed, and likely Geithner himself, undermined, perhaps even violated, laws designed to protect investors and markets. If so, he is not fit to be Treasury secretary or hold any office related to financial supervision and should resign immediately. (Naked Capitalism)

Repeat: “Accounting fraud”, “collusion”, “aiding and abetting.” These are serious charges by a usually restrained blogger.

And this is from Zero Hedge:

“Lehman has become merely the latest example of all that is broken with today’s crony capitalist system…. The evident conclusion is that the core driver of modern capitalist society is fraud at its very core, and nothing short of a massive revolutionary overhaul of the political system, which is the number one defender .. of very lucrative bribes and kickbacks originating from the same rotten Wall Street that (is) nothing but a sham filled with toxic assets” Zero Hedge

This story isn’t going away. Someone has to go to jail. It’s clear that Geithner acted as the “chief facilitator” of industrial scale securities flim-flam which led directly to the Great Crash of ’08. He needs to be held accountable for his actions.

9/11 Truth

Architects & Engineers for 9/11 Truth
1193 architectural and engineering professionals and 8042 other supporters including A&E students have signed the petition demanding of Congress a truly independent investigation. Sign the petition on this site.

Ottawa 9/11 Truth
A group dedicated to educating the public and questioning our elected representatives about the issue of 9/11 truth. Education and activism.

Pilots For 9/11 Truth
Pilots for 9/11 Truth is an organization of aviation professionals and pilots throughout the globe who have gathered together for one purpose. We are committed to seeking the truth surrounding the events of the 11th of September 2001.

WhatREALLYhappened
Mike Rivero’s HUNDREDS of questions that need to be answered, plus some great articles in the archives.

Activism

Activist Post
Our new site offering independent news. Now is the time to get active!

Checkpoint USA
Standing up for our legal right to remain anonymous in America. We DO NOT have to give them our papers.

We Are Change
A grassroots organization dedicated to peace and social justice working to reveal the truth behind the events of September 11th, as well as the lies of the government and corporate elite.

One Heart Books
A variety of books about The New World order, alternative medicine, and consciousness

Peter Dale Scott
Peter Dale Scott is an eloquent inspiration for many modern researchers.

Thom Hartmann
Last Hours of Ancient Sunlight — A complete analysis of the how we let ourselves destroy our planet, as well as the personal responsibility each of us has to change our perception of what we admire.

Eugenics

L.E.A.R.N.
For or against abortion, you should know about how organizations like Planned Parenthood really operate

Health and Survival

2012 News — Lawrence Joseph
There is quite a bit of science which shows that from now until 2012 will be a very tumultuous time for the planet. One look at current earthquake activity supports Joseph’s analysis.

Dr. Len Horowitz
Tetrahedron, LLC is a non-profit educational corporation that was founded in 1978 by internationally known public health authority, Dr. Leonard G. Horowitz, to educate people around the world on matters of extreme public importance.

Journalism

Daniel Estulin
Best known for his tracking of The Bilderberg Group, Estulin is a real journalist covering many facets of The New World Order.

Dr. Paul Craig Roberts
Former Assistant Secretary of the Treasury during President Reagan’s first term. He was Associate Editor of the Wall Street Journal. Incisive columns from another real journalist.

Dr. Stanley Montieth
Bringing you the Story behind the Story, the News behind the News. Hosted by Dr. Stanley Montieth, who is a leader in the battle against the medical establishment.

McClatchy News
Truth to Power — covering topics normally off limits in the mainstream. They have done a particularly great job with their Goldman Sachs investigation.

Rick Newman
I don’t always agree with his conclusions, but Rick Newman is in the mainstream media highlighting the important issues that we often cover.

Webster Tarpley
Long-time researcher and author Webster Tarpley has an amazing record for predicting geopolitcal events. A real journalist.

Non-partisan Organizations

Campaign For Liberty
Promoting American principles of individual liberty, constitutional government, sound money, free markets, and a noninterventionist foreign policy, by means of educational and political activity.

Freedom Force International
A network of men and women from all parts of the world who are concerned over loss of personal liberty and expansion of government power.

Global Research
An independent research organization and media group of writers, scholars, journalists and activists based in Montreal. It is a registered non profit organization in the province of Quebec.

The Nature of Reality

David Icke
Icke lets information and intuition direct his course; his conclusions about the nature of reality are mind-opening. He is fearless and tireless in his quest for the prime truth and does not shrink from the term “Conspiracy”